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The Collaborative International Dictionary of English v.0.48:

Ademption \A*demp"tion\ ([.a]*d[e^]mp"sh[u^]n), n. [L. ademptio,
   fr. adimere, ademptum, to take away; ad + emere to buy, orig.
   to take.] (Law)
   The revocation or taking away of a grant, donation, legacy,
   or the like. --Bouvier.
   [1913 Webster] Aden